Federally-insured banks boosted their real estate lending to historic highs in the first quarter of 2020, even as the coronavirus was taking hold. According to a Q1 report from the Federal Deposit Insurance Corporation, banks reached an all-time high from January through March by providing $5 trillion in real estate lending. At the same time, FDIC-insured banks’ aggregate net income fell by 70 percent, to $42.4 billion in the first quarter. The record-breaking real estate
source https://therealdeal.com/2020/06/19/trd-insights-real-estate-lending-from-banks-strong-in-first-quarter/
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